As of 12/26/2024
  Indus: 43,326 +28.77 +0.1%  
  Trans: 16,104 +40.79 +0.3%  
  Utils: 992 -1.47 -0.1%  
  Nasdaq: 20,020 -10.77 -0.1%  
  S&P 500: 6,038 -2.45 0.0%  
YTD
 +15.0%  
 +1.3%  
 +12.5%  
 +33.4%  
 +26.6%  
  Targets    Overview: 12/12/2024  
  Up arrow44,200 or 41,750 by 01/01/2025
  Up arrow16,700 or 15,500 by 01/15/2025
  Up arrow1,050 or 975 by 01/01/2025
  Up arrow20,500 or 19,300 by 01/01/2025
  Up arrow6,100 or 5,775 by 01/01/2025
As of 12/26/2024
  Indus: 43,326 +28.77 +0.1%  
  Trans: 16,104 +40.79 +0.3%  
  Utils: 992 -1.47 -0.1%  
  Nasdaq: 20,020 -10.77 -0.1%  
  S&P 500: 6,038 -2.45 0.0%  
YTD
 +15.0%  
 +1.3%  
 +12.5%  
 +33.4%  
 +26.6%  
  Targets    Overview: 12/12/2024  
  Up arrow44,200 or 41,750 by 01/01/2025
  Up arrow16,700 or 15,500 by 01/15/2025
  Up arrow1,050 or 975 by 01/01/2025
  Up arrow20,500 or 19,300 by 01/01/2025
  Up arrow6,100 or 5,775 by 01/01/2025

Patterns for the Weekend Details

Copyright © 2022 by Thomas Bulkowski and ThePatternSite.com. All rights reserved.

 

Weekly screen for chart patterns found in the last week. Many may be still in development. If no securities appear, then I have not identified any new patterns.

Definitions
RS is relative strength (where 1 is best). For other definitions, see the glossary.
'Breakout is upward/downward 100% of the time' means price breaks out up/down by definition, not by statistically measuring the rate.
All numbers assume a bull market and are based on the breakout direction that occurs most often.
For more information, consult my book, Encyclopedia of Chart Patterns.
 
Advanced Micro Devices, Inc (AMD)
Industry: Semiconductor
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 48 out of 60
Stock RS rank: 487 out of 564
5/19/22 close: $96.67
1 Month avg volatility: $5.71. Volatility stop (for upward breakout): $83.66 or 13.5% below the close.
Change YTD: -32.82%
Volume: 141,198,300 shares. 3 month avg: 61,894,658 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Friday, and best sell day (most up closes) is Monday.
 
Chart pattern: Double Bottom, Eve and Adam reversal pattern from 04/27/2022 to 05/12/2022
Breakout is upward 100% of the time.
Average rise: 35%.
Break-even failure rate: 4%.
Throwbacks occur 57% of the time.
Price hits measure rule target 66% of the time.

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American Electric Power AEP (AEP)
Industry: Electric Utility (Central)
Industry RS rank: 7 out of 60
Stock RS rank: 67 out of 564
5/19/22 close: $99.04
1 Month avg volatility: $2.42. Volatility stop (for downward breakout): $104.43 or 5.5% above the close.
Change YTD: 11.32%
Volume: 2,748,100 shares. 3 month avg: 2,150,485 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Triangle, descending reversal pattern from 04/21/2022 to 05/19/2022
Breakout is downward 64% of the time.
Average decline: 16%.
Break-even failure rate: 16%.
Pullbacks occur 54% of the time.
Price hits measure rule target 54% of the time.

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Applied Materials (AMAT)
Industry: Semiconductor Cap Equip.
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 46 out of 60
Stock RS rank: 444 out of 564
5/19/22 close: $110.74
1 Month avg volatility: $4.80. Volatility stop (for upward breakout): $100.61 or 9.2% below the close.
Change YTD: -29.63%
Volume: 9,665,900 shares. 3 month avg: 11,583,771 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Wednesday.
 
Chart pattern: Broadening wedge, descending reversal pattern from 04/11/2022 to 05/17/2022
Breakout is upward 79% of the time.
Average rise: 33%.
Break-even failure rate: 6%.
Throwbacks occur 53% of the time.
Price hits measure rule target 79% of the time.

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Assured Guaranty Ltd. (AGO)
Industry: Insurance (Life)
Industry RS rank: 14 out of 60
Stock RS rank: 138 out of 564
5/19/22 close: $56.14
1 Month avg volatility: $1.79. Volatility stop (for upward breakout): $51.56 or 8.2% below the close.
Change YTD: 11.83%
Volume: 345,600 shares. 3 month avg: 1,068,715 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Diamond bottom reversal pattern from 04/26/2022 to 05/18/2022
Breakout is upward 69% of the time.
Average rise: 36%.
Break-even failure rate: 4%.
Throwbacks occur 53% of the time.
Price hits measure rule target 81% of the time.

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Bristol-Myers Squibb Company (BMY)
Industry: Drug
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 22 out of 60
Stock RS rank: 41 out of 564
5/19/22 close: $75.96
1 Month avg volatility: $1.55. Volatility stop (for upward breakout): $72.59 or 4.4% below the close.
Change YTD: 21.83%
Volume: 14,667,100 shares. 3 month avg: 5,378,746 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Tuesday.
 
Chart pattern: Triangle, symmetrical continuation pattern from 04/21/2022 to 05/16/2022
Breakout is upward 54% of the time.
Average rise: 31%.
Break-even failure rate: 9%.
Throwbacks occur 37% of the time.
Price hits measure rule target 66% of the time.

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Century Aluminum Co. (CENX)
Industry: Metals and Mining (Div.)
Industry RS rank: 16 out of 60
Stock RS rank: 286 out of 564
5/19/22 close: $12.12
1 Month avg volatility: $1.24. Volatility stop (for downward breakout): $14.84 or 22.4% above the close.
Change YTD: -26.81%
Volume: 2,212,400 shares. 3 month avg: 2,285,742 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Tuesday.
 
Chart pattern: Horn top reversal pattern from 03/21/2022 to 04/04/2022
Breakout is downward 100% of the time.
Average decline: 21%.
Break-even failure rate: 7%.
Pullbacks occur 33% of the time.
Price hits measure rule target 70% of the time.

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CF Industries Holdings, Inc. (CF)
Industry: Chemical (Basic)
Industry RS rank: 18 out of 60
Stock RS rank: 13 out of 564
5/19/22 close: $100.35
1 Month avg volatility: $5.84. Volatility stop (for upward breakout): $85.87 or 14.4% below the close.
Change YTD: 41.78%
Volume: 3,013,800 shares. 3 month avg: 3,754,700 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Wednesday.
 
Chart pattern: Double Bottom, Adam and Adam reversal pattern from 04/25/2022 to 05/09/2022
Breakout is upward 100% of the time.
Average rise: 35%.
Break-even failure rate: 5%.
Throwbacks occur 64% of the time.
Price hits measure rule target 66% of the time.

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ConAgra Brands Inc (CAG)
Industry: Food Processing
Industry RS rank: 9 out of 60
Stock RS rank: 152 out of 564
5/19/22 close: $31.74
1 Month avg volatility: $0.93. Volatility stop (for downward breakout): $33.94 or 6.9% above the close.
Change YTD: -7.06%
Volume: 5,197,400 shares. 3 month avg: 3,423,360 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Thursday, and best sell day (most up closes) is Friday.
 
Chart pattern: Double Top, Eve and Adam reversal pattern from 04/21/2022 to 05/10/2022
Breakout is downward 100% of the time.
Average decline: 15%.
Break-even failure rate: 13%.
Pullbacks occur 64% of the time.
Price hits measure rule target 72% of the time.

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CTS Corp (CTS)
Industry: Electronics
Industry RS rank: 28 out of 60
Stock RS rank: 155 out of 564
5/19/22 close: $37.90
1 Month avg volatility: $1.35. Volatility stop (for upward breakout): $34.80 or 8.2% below the close.
Change YTD: 3.21%
Volume: 206,700 shares. 3 month avg: 73,662 shares.
This security may be thinly traded (less than 100k shares)!
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Wednesday.
 
Chart pattern: Ugly double bottom reversal pattern from 04/27/2022 to 05/12/2022
Breakout is upward 100% of the time.
Average rise: 34%.
Break-even failure rate: 8%.
Throwbacks occur 59% of the time.
Price hits measure rule target 76% of the time.

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Exelon Corp. (EXC)
Industry: Electric Utility (East)
Industry RS rank: 11 out of 60
Stock RS rank: 253 out of 564
5/19/22 close: $47.35
1 Month avg volatility: $1.20. Volatility stop (for upward breakout): $44.01 or 7.1% below the close.
Change YTD: -18.02%
Volume: 5,820,200 shares. 3 month avg: 5,244,875 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Diamond bottom reversal pattern from 05/03/2022 to 05/18/2022
WARNING: A dead-cat bounce occurred on 02/02/2022. There is a 38% chance that a 15% or higher decline will occur (or has occurred since then) by 08/03/2022.
Breakout is upward 69% of the time.
Average rise: 36%.
Break-even failure rate: 4%.
Throwbacks occur 53% of the time.
Price hits measure rule target 81% of the time.

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Fidelity National Information Svcs (FIS)
Industry: Computer Software and Svcs
Industry RS rank: 53 out of 60
Stock RS rank: 258 out of 564
5/19/22 close: $97.17
1 Month avg volatility: $3.51. Volatility stop (for downward breakout): $105.95 or 9.0% above the close.
Change YTD: -10.98%
Volume: 2,006,600 shares. 3 month avg: 1,473,917 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Double Top, Adam and Eve reversal pattern from 04/05/2022 to 04/20/2022
Breakout is downward 100% of the time.
Average decline: 18%.
Break-even failure rate: 14%.
Pullbacks occur 59% of the time.
Price hits measure rule target 69% of the time.

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Five9 Inc (FIVN)
Industry: Computer Software and Svcs
Industry RS rank: 53 out of 60
Stock RS rank: 508 out of 564
5/19/22 close: $97.94
1 Month avg volatility: $7.43. Volatility stop (for downward breakout): $115.13 or 17.6% above the close.
Change YTD: -28.68%
Volume: 1,228,900 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Triple top reversal pattern from 04/04/2022 to 05/03/2022
Breakout is downward 100% of the time.
Average decline: 19%.
Break-even failure rate: 10%.
Pullbacks occur 61% of the time.
Price hits measure rule target 40% of the time.

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General Mills Inc (GIS)
Industry: Food Processing
Industry RS rank: 9 out of 60
Stock RS rank: 136 out of 564
5/19/22 close: $66.13
1 Month avg volatility: $1.69. Volatility stop (for downward breakout): $70.10 or 6.0% above the close.
Change YTD: -1.86%
Volume: 4,329,400 shares. 3 month avg: 4,139,065 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Triple top reversal pattern from 04/21/2022 to 05/16/2022
Breakout is downward 100% of the time.
Average decline: 19%.
Break-even failure rate: 10%.
Pullbacks occur 61% of the time.
Price hits measure rule target 40% of the time.

Top

Hershey Company, The (HSY)
Industry: Food Processing
Industry RS rank: 9 out of 60
Stock RS rank: 79 out of 564
5/19/22 close: $205.12
1 Month avg volatility: $5.73. Volatility stop (for downward breakout): $218.25 or 6.4% above the close.
Change YTD: 6.02%
Volume: 1,623,100 shares. 3 month avg: 973,146 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Friday.
 
Chart pattern: Triple top reversal pattern from 04/21/2022 to 05/16/2022
Breakout is downward 100% of the time.
Average decline: 19%.
Break-even failure rate: 10%.
Pullbacks occur 61% of the time.
Price hits measure rule target 40% of the time.

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Hologic Inc (HOLX)
Industry: Medical Supplies
Industry RS rank: 41 out of 60
Stock RS rank: 125 out of 564
5/19/22 close: $78.12
1 Month avg volatility: $2.09. Volatility stop (for upward breakout): $72.79 or 6.8% below the close.
Change YTD: 2.04%
Volume: 2,117,500 shares. 3 month avg: 3,130,522 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Friday.
 
Chart pattern: Three Rising Valleys reversal pattern from 01/28/2022 to 03/15/2022
Breakout is upward 100% of the time.
Average rise: 41%.
Break-even failure rate: 5%.
Throwbacks occur 60% of the time.
Price hits measure rule target 58% of the time.

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Insperity (NSP)
Industry: Human Resources
Industry RS rank: 34 out of 60
Stock RS rank: 360 out of 564
5/19/22 close: $94.15
1 Month avg volatility: $3.71. Volatility stop (for downward breakout): $102.75 or 9.1% above the close.
Change YTD: -20.29%
Volume: 137,100 shares. 3 month avg: 131,942 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Pipe top reversal pattern from 04/25/2022 to 05/02/2022
Breakout is downward 100% of the time.
Average decline: 20%.
Break-even failure rate: 11%.
Pullbacks occur 41% of the time.
Price hits measure rule target 70% of the time.

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Kforce Inc (KFRC)
Industry: Human Resources
Industry RS rank: 34 out of 60
Stock RS rank: 276 out of 564
5/19/22 close: $66.95
1 Month avg volatility: $2.69. Volatility stop (for downward breakout): $74.30 or 11.0% above the close.
Change YTD: -10.99%
Volume: 111,000 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Horn top reversal pattern from 04/18/2022 to 05/02/2022
Breakout is downward 100% of the time.
Average decline: 21%.
Break-even failure rate: 7%.
Pullbacks occur 33% of the time.
Price hits measure rule target 70% of the time.

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KLA-Tencor Corporation (KLAC)
Industry: Semiconductor Cap Equip.
WARNING: This industry is within the top 7 that Dead-cat bounce often.
Industry RS rank: 46 out of 60
Stock RS rank: 333 out of 564
5/19/22 close: $338.52
1 Month avg volatility: $15.50. Volatility stop (for upward breakout): $300.78 or 11.2% below the close.
Change YTD: -21.29%
Volume: 1,446,700 shares. 3 month avg: 1,563,420 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Tuesday.
 
Chart pattern: Double Bottom, Eve and Adam reversal pattern from 04/27/2022 to 05/12/2022
Breakout is upward 100% of the time.
Average rise: 35%.
Break-even failure rate: 4%.
Throwbacks occur 57% of the time.
Price hits measure rule target 66% of the time.

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Marten Transport Ltd (MRTN)
Industry: Trucking/Transp. Leasing
Industry RS rank: 55 out of 60
Stock RS rank: 190 out of 564
5/19/22 close: $16.52
1 Month avg volatility: $0.68. Volatility stop (for downward breakout): $18.28 or 10.7% above the close.
Change YTD: -3.73%
Volume: 649,500 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Pipe top reversal pattern from 05/02/2022 to 05/09/2022
Breakout is downward 100% of the time.
Average decline: 20%.
Break-even failure rate: 11%.
Pullbacks occur 41% of the time.
Price hits measure rule target 70% of the time.

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New Jersey Resources Corp (NJR)
Industry: Natural Gas (Distributor)
Industry RS rank: 5 out of 60
Stock RS rank: 63 out of 564
5/19/22 close: $45.51
1 Month avg volatility: $1.18. Volatility stop (for upward breakout): $42.62 or 6.4% below the close.
Change YTD: 10.84%
Volume: 579,500 shares. 3 month avg: 632,043 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Double Bottom, Eve and Adam reversal pattern from 05/02/2022 to 05/12/2022
Breakout is upward 100% of the time.
Average rise: 35%.
Break-even failure rate: 4%.
Throwbacks occur 57% of the time.
Price hits measure rule target 66% of the time.

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Newell Brands Inc (NWL)
Industry: Household Products
Industry RS rank: 15 out of 60
Stock RS rank: 300 out of 564
5/19/22 close: $19.67
1 Month avg volatility: $0.97. Volatility stop (for downward breakout): $22.43 or 14.0% above the close.
Change YTD: -9.94%
Volume: 4,777,400 shares. 3 month avg: 7,205,206 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Tuesday, and best sell day (most up closes) is Monday.
 
Chart pattern: Horn top reversal pattern from 04/25/2022 to 05/09/2022
Breakout is downward 100% of the time.
Average decline: 21%.
Break-even failure rate: 7%.
Pullbacks occur 33% of the time.
Price hits measure rule target 70% of the time.

Top

Pulte Homes Inc. (PHM)
Industry: Homebuilding
Industry RS rank: 54 out of 60
Stock RS rank: 351 out of 564
5/19/22 close: $41.67
1 Month avg volatility: $1.99. Volatility stop (for upward breakout): $37.46 or 10.1% below the close.
Change YTD: -27.10%
Volume: 3,289,900 shares. 3 month avg: 4,812,565 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Tuesday.
 
Chart pattern: Diamond bottom reversal pattern from 04/13/2022 to 05/19/2022
Breakout is upward 69% of the time.
Average rise: 36%.
Break-even failure rate: 4%.
Throwbacks occur 53% of the time.
Price hits measure rule target 81% of the time.

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Quest Diagnostics (DGX)
Industry: Medical Services
Industry RS rank: 17 out of 60
Stock RS rank: 194 out of 564
5/19/22 close: $140.07
1 Month avg volatility: $3.96. Volatility stop (for upward breakout): $129.02 or 7.9% below the close.
Change YTD: -19.04%
Volume: 1,487,600 shares. 3 month avg: 1,490,418 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Wednesday, and best sell day (most up closes) is Thursday.
 
Chart pattern: Double Bottom, Eve and Eve reversal pattern from 05/02/2022 to 05/12/2022
Breakout is upward 100% of the time.
Average rise: 40%.
Break-even failure rate: 4%.
Throwbacks occur 55% of the time.
Price hits measure rule target 67% of the time.

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Target (TGT)
Industry: Retail Store
Industry RS rank: 45 out of 60
Stock RS rank: 504 out of 564
5/19/22 close: $153.43
1 Month avg volatility: $7.33. Volatility stop (for downward breakout): $176.08 or 14.8% above the close.
Change YTD: -33.71%
Volume: 23,215,500 shares. 3 month avg: 6,916,209 shares.
Since 2009 bear market, the best buy day (fewest up closes) is Monday, and best sell day (most up closes) is Friday.
 
Chart pattern: Dead-cat bounce continuation pattern from 05/18/2022 to 05/18/2022
Breakout is downward 67% of the time.
Average decline: 18%.

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